NBS Bank and its subsidiary, NBS Forex Bureau Limited have reported a loss before tax of K4.8 billion for the year ended December 31, 2016 according to a statement on results signed by the bank’s Chairman, Vizenge Kumwenda. The bank has attributed the loss to a drop in interest income and sharp increase in other operating expenses. Total gross income made was 10.3 percent lower than the ... Listed NBS Bank and its subsidiary, NBS Forex Bureau Limited reported profit before tax of MK2, 851 million in 2013 -representing 92% increase. According to . Skip to content. Time : 3:50 am; Thursday; Date : October 29, 2020; Search for: Face of Malawi Malawi Breaking News Today. NO DIVIDENDS FOR NBS BANK SHAREHOLDERS REGARDLESS OF IT POSTING 168% PROFIT GROWTH. Face of Malawi > Business > NO ... NBS Bank Plc and NBS Forex Bureau Limited’s financial performance has tremendously improved in the past two years and as at the end of 31 December 2019, they registered K4.46 billion profit ... And just last week, the Bank -- together with its NBS Forex Bureau, recorded a profit before tax of MK3.7 billion for the six months ended 30th June 2020 and net profit after tax of MK2.8 billion. Reserve Bank of Malawi is the central bank of the Republic of Malawi. The mission of the Bank is to ensure price and financial stability through the formulation and implementation of sound monetary and macro-prudential Policies that are consistent with agreed national strategies. Its vision is to be an institution of excellence that promotes price and financial stability for economic development. NBS Bank Plc and NBS Forex Bureau Limited's financial performance has tremendously improved in the past two years and as at the end of 31 December 2019, they registered K4.46 billion profit after tax. NBS Bank Plc and NBS Forex Bureau have recorded a profit before tax of MK3.7 billion for the six months ended 30th June 2020 and net profit after tax of MK2.8 NBS Bank plc would like to assure all customers that it has business continuity plans that are in place to ensure an appropriate response to any situation that can cause a distruption to the business, including the COVID-19 Outbreak. New Finance Bank Malawi Limited owns 100% of the NFB Forex Bureau. Tweet . Recent Publications. Malawi Banker Magazine, Volume 23 Malawi Banker Magazine, Volume 22 Agri-Business Conference Communique Malawi Banker Magazine, Volume 21 BAM Newsflash July 2018 BAM Newsflash February 2018 Sign up for Updates. Institute of Bankers in Malawi. As a professional body Institute of Bankers will provide ... NBS Bank Plc and NBS Forex Bureau Limited’s financial performance has posted K4.46 billion profit after tax, representing a growth of 162%. Speaking to shareholders and other business partners at Mount Soche Hotel, NBS bank’s Chief Executive Officer, Kwanele Ngwenya announced that Board of Directors has recommended the payment of a dividend for the year […]
[index]          
Police in Kampala have shutdown a Forex Bureau and arrested two of its employees for operating without a licence. The Kampala Metropolitan Police Spokesperson, Patrick Onyango says they have ... Inside Rihanna's Trip to Malawi for Education - Duration: 9:48. Global Citizen Recommended for you. 9:48. MUSIBA ATAJA VIJANA WANAOFUNDISHWA UGAIDI NJE YA TANZANIA - Duration: 20:01. ... UPDATE ON CORONAVIRUS Description: The on-going Coronavirus Pandemic has now claimed the lives of more than six hundred and sixty nine thousand people globally with over thirty thousand deaths. In ... Please subscribe our channel FUNNIEST KWANGWARU DANCE COAX, JUNIOR USHER Latest African Comedy 2019 HD. UGXTRA Comedy Most Viewed Videos with More Than 1 Million Views 2019. Thanks to yo... Disclaimer The information provided in this video is for educational purposes and should not be considered as professional advice.we are not a licensed profe... Malawi Music with Giddes Chalamanda - Duration: 1 ... Kusasira Abuukuudde, Mumale Kumpandikira NBS Eagle seg1 - Duration: 32:52. Next Media Uganda 13,723 views. 32:52. Think Fast, Talk Smart ...